Articles

Insurance

Mapfre Re sees APAC growth with key focus on Korea market

Mapfre Re is growing its business in Asia-Pacific, with the reinsurer moving into new lines and developing its portfolio in new and existing countries.   30 October 2019

Insurance

Lloyd’s CEO John Neal tells SIRC 2019 ‘reinsurance industry has not reacted quickly enough to changing risk landscape’

Today, despite the fact the re/insurance industry’s customers face new and increasing threats to their businesses, insurance buying isn’t keeping pace, John Neal, CEO of Lloyd’s told delegates at the Singapore International Reinsurance Conference yesterday.   30 October 2019

Insurance

AXIS Capital combined ratio soars to 109.4% on cat losses

AXIS Capital’s combined ratio soared to 109.4 percent in the third quarter, hit by catastrophes, and losses in its credit and aviation lines.   30 October 2019

Insurance

Apollo Syndicate Management appoints Vinay Mistry as chief risk officer

Apollo Syndicate Management, an independent specialist insurer and reinsurer at Lloyd’s, has appointed Vinay Mistry as chief risk officer, effective from November 1. He reports to David Ibeson, Apollo’s chief executive.   30 October 2019

Insurance

Malaysia constructs first run-off rules for AXA LM to complete Munich Re deal

On October 1, 2019, AXA Liabilities Managers (LM) completed its acquisition of the Munich Re non-life run-off portfolio in Malaysia.   29 October 2019

Insurance

Identifying attractive buyers based on performance

Reinsurers may think they know what the perfect client looks like but they might not always be correct. Stuart Shipperlee, managing director of Litmus Analysis, explains the perspective offered by the results of the consultancy’s analysis of Asia-Pacific cedants.   29 October 2019

Alternative Risk Transfer

Insurtech, cyber, rates and T&Cs the hot topics for SIRC 2019, finds Intelligent Insurer survey

The growing role of insurtech and its influence on the industry is expected to be the main topic of conversation at SIRC this year, according to delegates surveyed by Intelligent Insurer.   29 October 2019

Insurance

Typhoons hit Japanese non-life market in 2018, Toa Re report finds

The Japanese non-life insurance market experienced a mixed year in 2018, according to a report from the underwriting and planning department of Toa Reinsurance.   29 October 2019

Insurance

MGA Nexus Asia expands business lines on offer and expects to be “largest MGA in the region” within two years, says CEO Egerton

Nexus Asia expects to be the largest managing general agency (MGA) in Asia by gross written premium, as well as commission income and earnings before interest, tax, depreciation and amortisation, in the next 12 months to two years.   29 October 2019

Insurance

Losing home advantage

Home-court advantages are eroding for Asia-Pacific reinsurers as urbanisation and chaotic weather throw up new pricing challenges, Eunice Tan of S&P Global Ratings told SIRC Today.   29 October 2019

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